|
|
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
MEDIAN LOAN AMT. |
|
2006 |
104 |
$8,348,714.00 |
$80,276.10 |
$76,396.00 |
|
2005 |
87 |
$6,363,104.00 |
$73,139.13 |
$75,318.00 |
Loans by Originator
|
Originator / Branch |
FY |
No. Loans |
Dollar Amount |
|
Arkansas Federal Credit Union, Jacksonville, AR |
2006 |
2 |
$150,750.00 |
|
2005 |
2 |
$139,050.00 |
|
|
Arvest Mortgage Company, Lowell, AR |
2006 |
4 |
$310,783.00 |
|
2005 |
8 |
$550,258.00 |
|
|
Bank of the Ozarks, Little Rock, AR |
2006 |
2 |
$176,385.00 |
|
2005 |
3 |
$194,651.00 |
|
|
Cornerstone Mortgage Center, Little Rock, AR |
2006 |
5 |
$378,783.00 |
|
2005 |
3 |
$195,812.00 |
|
|
Countrywide Home Loans, Inc., North Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
4 |
$342,955.00 |
|
|
First Arkansas Mortgage, Jacksonville, AR |
2006 |
2 |
$116,767.00 |
|
2005 |
2 |
$194,947.00 |
|
|
First Arkansas Valley Bank, Searcy, AR |
2006 |
1 |
$98,719.00 |
|
2005 |
0 |
$0.00 |
|
|
First Financial Bank, North Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$93,532.00 |
|
|
First Security Bank, Conway, AR |
2006 |
1 |
$71,931.00 |
|
2005 |
0 |
$0.00 |
|
|
Metropolitan National Bank, Little Rock, AR |
2006 |
9 |
$773,282.00 |
|
2005 |
6 |
$502,365.00 |
|
|
Moore Mortgage, Lowell, AR |
2006 |
1 |
$45,289.00 |
|
2005 |
1 |
$64,490.00 |
|
|
Pulaski Mortgage Company, Bryant, AR |
2006 |
1 |
$110,269.00 |
|
2005 |
0 |
$0.00 |
|
|
Pulaski Mortgage Company, Little Rock, AR |
2006 |
39 |
$3,058,269.00 |
|
2005 |
23 |
$1,674,109.00 |
|
|
Regions Mortgage, Inc., Benton, AR |
2006 |
1 |
$73,841.00 |
|
2005 |
0 |
$0.00 |
|
|
Regions Mortgage, Inc., Little Rock, AR |
2006 |
18 |
$1,251,439.00 |
|
2005 |
24 |
$1,747,503.00 |
|
|
Regions Mortgage, Inc., Searcy, AR |
2006 |
1 |
$94,418.00 |
|
2005 |
0 |
$0.00 |
|
|
Simmons First National Bank, Pine Bluff, AR |
2006 |
1 |
$157,751.00 |
|
2005 |
2 |
$109,660.00 |
|
|
The Carroll Mortgage Group, Inc., Little Rock, AR |
2006 |
15 |
$1,392,512.00 |
|
2005 |
6 |
$432,802.00 |
|
|
United Bank, Little Rock, AR |
2006 |
1 |
$87,526.00 |
|
2005 |
0 |
$0.00 |
|
|
US Bank Home Mortgage, North Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
2 |
$120,970.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
95 |
$7,355,827.00 |
|
2005 |
75 |
$5,226,064.00 |
|
|
New or Proposed Construction |
2006 |
9 |
$992,887.00 |
|
2005 |
12 |
$1,137,040.00 |
Loans by Loan Type
|
Loan Type |
FY |
No. Loans |
Dollar Amount |
|
FHA |
2006 |
99 |
$7,855,714.00 |
|
2005 |
83 |
$6,000,739.00 |
|
|
VA |
2006 |
1 |
$120,000.00 |
|
2005 |
2 |
$213,623.00 |
|
|
Conventional |
2006 |
4 |
$373,000.00 |
|
2005 |
1 |
$73,742.00 |
|
|
Rural Development |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$75,000.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Percent |
|
Non-Minorities |
2006 |
45 |
$3,566,882.00 |
43.3% |
|
2005 |
33 |
$2,388,094.00 |
37.9% |
|
|
Minorities |
2006 |
59 |
$4,781,832.00 |
56.7% |
|
2005 |
51 |
$3,759,051.00 |
58.6% |
|
|
Unknown |
2006 |
0 |
$0.00 |
0.0% |
|
2005 |
3 |
$215,959.00 |
3.4% |
|
Ethnicity |
FY |
Mean Income |
Median Income |
|
Non-Minorities |
2006 |
$29,841.54 |
$29,364.00 |
|
2005 |
$37,668.00 |
$34,951.44 |
|
|
Minorities |
2006 |
$35,134.56 |
$33,976.08 |
|
2005 |
$36,197.18 |
$36,447.24 |
|
|
Unknown |
2006 |
$0.00 |
$0.00 |
|
2005 |
$39,598.40 |
$17,916.00 |
|
Gender-Head of Hshld |
FY |
No. |
Pct. |
|
Males |
2006 |
32 |
30.8% |
|
2005 |
36 |
41.4% |
|
|
Females |
2006 |
71 |
68.3% |
|
2005 |
50 |
57.5% |
|
|
Unknown |
2006 |
1 |
0.9% |
|
2005 |
1 |
1.1% |
|
FY 2006 |
Average Age of Head of Household: |
|
33.0 |
|
FY 2005 |
|
33.2 |
|
FY 2006 |
Average Household Size: |
|
2.1 |
|
FY 2005 |
|
2.3 |
|
|
|
|
|
|
|
FY 2006 |
Loan Cancellation Rate: |
|
23.0 |
|
FY 2005 |
|
31.0% |
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
% OF H2O LOANS |
|
2006 |
41 |
$108,548.00 |
$2,647.51 |
39.4% |
|
2005 |
58 |
$156,141.00 |
$2,692.09 |
66.7% |
Loans by Homebuyer Counselor
|
Counselor |
FY |
No. Loans |
Dollar Amount |
|
Argenta Neighborworks Homeownership Center, North Little Rock, AR |
2006 |
7 |
$17,127.00 |
|
2005 |
13 |
$32,438.00 |
|
|
Black Community Development Program |
2006 |
3 |
$9,000.00 |
|
2005 |
0 |
$0.00 |
|
|
Community Resource Technicians, Little Rock, AR |
2006 |
9 |
$24,201.00 |
|
2005 |
12 |
$34,850.00 |
|
|
Crawford Sebastian CDC, Fort Smith, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$2,200.00 |
|
|
Dream Makers Housing Counseling Agency, Pine Bluff, AR |
2006 |
5 |
$14,414.00 |
|
2005 |
8 |
$20,736.00 |
|
|
Family Service Agency, Little Rock, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$3,000.00 |
|
|
In Affordable Housing, Inc., Little Rock, AR |
2006 |
12 |
$32,476.00 |
|
2005 |
23 |
$62,917.00 |
|
|
Promiseland CDC, Little Rock, AR |
2006 |
1 |
$3,000.00 |
|
2005 |
0 |
$0.00 |
|
|
Unknown |
2006 |
4 |
$8,330.00 |
|
2005 |
0 |
$0.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
39 |
$102,548.00 |
|
2005 |
51 |
$138,051.00 |
|
|
New or Proposed Construction |
2006 |
2 |
$6,000.00 |
|
2005 |
7 |
$18,090.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Pct |
|
Non-Minorities |
2006 |
14 |
$36,101.00 |
34.1% |
|
2005 |
23 |
$60,493.00 |
39.7% |
|
|
Minorities |
2006 |
26 |
$69,797.00 |
63.4% |
|
2005 |
31 |
$84,283.00 |
53.4% |
|
|
Unknown |
2006 |
1 |
$2,650.00 |
2.4% |
|
2005 |
4 |
$11,365.00 |
6.9% |
|
FY 2006 |
Loan Cancellation Rate: |
|
18.0% |
|
FY 2005 |
|
27.5% |
|
FY |
NO. LOANS |
DOLLAR AMOUNT |
MEAN LOAN AMT. |
% OF H2O LOANS |
|
2006 |
23 |
$96,503.00 |
$4,195.78 |
22.1% |
|
2005 |
8 |
$37,534.00 |
$4,691.75 |
9.2% |
Loans by Homebuyer Counselor
|
Counselor |
FY |
No. Loans |
Dollar Amount |
|
Black Community Development Program |
2006 |
2 |
$7,920.00 |
|
2005 |
0 |
$0.00 |
|
|
Community Resource Technicians, Little Rock, AR |
2006 |
10 |
$37,703.00 |
|
2005 |
3 |
$15,000.00 |
|
|
Dream Makers Housing Counseling Agency, Pine Bluff, AR |
2006 |
2 |
$7,180.00 |
|
2005 |
1 |
$4,455.00 |
|
|
In Affordable Housing, Inc., Little Rock, AR |
2006 |
8 |
$33,850.00 |
|
2005 |
3 |
$13,079.00 |
|
|
Mississippi County EOC, Blytheville, AR |
2006 |
0 |
$0.00 |
|
2005 |
1 |
$5,000.00 |
|
|
Unknown |
2006 |
1 |
$9,850.00 |
|
2006 |
0 |
$0.00 |
|
New or Existing |
FY |
No. Loans |
Dollar Amount |
|
Existing Construction |
2006 |
21 |
$88,030.00 |
|
2005 |
6 |
$28,079.00 |
|
|
New or Proposed Construction |
2006 |
2 |
$8,473.00 |
|
2005 |
2 |
$9,455.00 |
Demographics
|
Ethnicity |
FY |
No. Loans |
Dollar Amount |
Pct |
|
Non-Minorities |
2006 |
10 |
$42,272.00 |
43.5% |
|
2005 |
1 |
$5,000.00 |
12.5% |
|
|
Minorities |
2006 |
13 |
$54,231.00 |
56.5% |
|
2005 |
7 |
$32,534.00 |
87.5% |
|
FY 2006 |
Loan Cancellation Rate: |
|
37.8% |
|
FY 2005 |
|
20.0% |
|
TOTAL HOMEOWNERSHIP FY 2006: |
$8,553,765.00 |
|
Total Homeownership FY 2005: |
$6,556,779.00 |
|
Growth 05 to 06: |
+23.3% |
HOME Allocations / Board Approvals
|
|
FY |
No. Units |
HOME Funds |
|
Rental New Construction |
2006 |
10 |
$400,000.00 |
|
2005 |
0 |
$0.00 |
|
|
Rental Rehab |
2006 |
0 |
$0.00 |
|
2005 |
10 |
$400,000.00 |
|
|
Homeowner New Construction |
2006 |
0 |
$0.00 |
|
2005 |
5 |
$440,000.00 |
|
|
Homeowner Rehab or Mortgage Subsidy |
2006 |
25 |
$588,924.95 |
|
2005 |
11 |
$291,700.00 |
|
|
Tenant Based Rental Assistance |
2006 |
0 |
$0.00 |
|
2005 |
0 |
$0.00 |
|
|
Acq / Rehab |
2006 |
9 |
$328,000.00 |
|
2005 |
31 |
$1,190,000.00 |
|
|
TOTAL |
2006 |
44 |
$1,316,924.95 |
|
2005 |
57 |
$2,321,700.00 |
|
|
Average Amount per Unit |
2006 |
|
$29,930.11 |
|
2005 |
|
$40,731.58 |
Low-Income Housing Tax Credits / Board Approvals
|
|
FY |
No. Units |
Federal LIHTC |
State LIHTC |
Total Funds |
Average Per Unit |
|
Total |
2006 |
28 |
$212,427.00 |
$42,486.00 |
$254,913.00 |
$9,104.04 |
|
2005 |
371 |
$1,360,243.00 |
$0.00 |
$1,360,243.00 |
$3,666.42 |
Multifamily Housing Bonds
|
|
FY |
No. Units |
Dollar Amount |
Average per Unit |
|
Total |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
459 |
$20,200,000.00 |
$44,008.71 |
|
TOTAL HOUSING PRODUCTION FY 2006: |
$1,571,837.95 |
|
Total Housing Production FY 2005: |
$23,881,943.00 |
|
Growth 05 to 06: |
-93.4% |
|
Program |
FY |
No. Projects |
Project Amount |
Average Project Amount |
|
ADFA Bond Guaranty |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
ADED/Other Bond Guaranty |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
Higher Education Facilities |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$1,140,000.00 |
$1,140,000.00 |
|
|
Wastewater Revolving Loan |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$13,000,000.00 |
$13,000,000.00 |
|
|
Safe Drinking Water Revolving Loan |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
2 |
$3,550,000.00 |
$1,775,000.00 |
|
|
Bond Guaranty Reserve Fund |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
Capital Access Program |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
|
State Facilities Financing |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
4 |
$78,250,000.00 |
$19,562,500.00 |
|
|
Interim Loans with other Agencies |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
1 |
$5,000,000.00 |
$5,000,000.00 |
|
|
Special Projects Fund |
2006 |
1 |
$5,000,000.00 |
$5,000,000.00 |
|
2005 |
2 |
$14,000,000.00 |
$7,000,000.00 |
|
|
Taxable Industrial Revenue Bonds |
2006 |
0 |
$0.00 |
$0.00 |
|
2005 |
0 |
$0.00 |
$0.00 |
|
TOTAL DEV. FINANCE FY 2006: |
$5,000,000.00 |
|
Total DEV. FINANCE FY 2005: |
$114,940,000.00 |
|
Growth 05 to 06: |
-95.6% |
TOTAL FUNDS FOR PULASKI COUNTY FY 2006
$15,125,602.95
TOTAL FUNDS FOR PULASKI COUNTY FY 2005
$145,378,722.00
GROWTH 05 TO 06
-89.6%
